McMillan Advises Anaplan on its Acquisition of Fluence Technologies

On May 9, 2024, Anaplan, a portfolio company of software investor Thoma Bravo, completed the acquisition of Fluence Technologies (“Fluence”).

Anaplan provides a market-leading platform for connected business planning that enables better decision-making by financial planning & analysis organizations across the globe. Fluence’s offering is a cloud-based, no-code financial close and consolidation platform for mid-market and large enterprises with rapid provisioning and features.

Working alongside Kirkland & Ellis LLP, McMillan acted as Canadian counsel to Anaplan on this cross-border transaction, advising on all transaction related matters. Caroline Samara led McMillan’s multidisciplinary team, which included Michael Whitcombe, Tess Dimroci, Vaughan Rawes, David Zhang, Paul Barbeau, Robert Piasentin, Peter Giddens, Kristen Pennington, Yue Fei, William Wu, Seema Sidhu, Todd Miller, Paul Boshyk, Ximena Pinella.

As a national business law firm with exceptional capabilities to lead businesses through cross-border transactions and investments into Canada and within multifaceted regulatory regimes, McMillan provides real-time business solutions to our clients. Our legal teams are skilled at structuring and closing complex deals in Canada, the US and internationally and in providing innovative transactional advice and solutions. Our understanding of business imperatives and our relationships with the regulators helps our clients stay ahead.